JoeB131
Diamond Member
True, stupid but true. SS should have been 60/40 in the stock market vs bonds instead of 100% low-interest bonds.
Uh, guy, that would be a recipe for disaster. If the government became a major shareholder in the Fortune 500, you don't think they'd use that to influence corporate policy in idealogical ways..
Whoops, the Democrats are back in! Better start up that DEI department again!
True. SS has been "fixed" several times already, and needs to be fixed again.
The scarier problem now is the declining birth rate, and family formation which looks bad for the long term.
It may mean individual IRAs from birth invested 60/40 in the stock market via the SSA.
Easy way to fix it.
Make the rich pay their fair share.
Up the retirement age to 70
Allow a sensible rate of immigration to bring in more contributors legally and above the table.
Problem solved.